The Compression Bandages Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Compression Bandages Market?
The market size of compression bandages has experienced significant growth recently. In numerical terms, it will increase from $1.63 billion in 2024 to around $1.74 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Compression Bandages Industry?
The Compression Bandages Global Market Report 2025 predicts that by 2029, the market size is projected to reach $2.2 billion, growing at a Compound Annual Growth Rate (CAGR) of 6.1%.
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What are the Key Growth Drivers Fueling the Compression Bandages Market?
The key drivers in the compression bandages market are:
• Escalating healthcare expenditure
• Growth of e-commerce sector
• Increasing demand for personalized and customized products
• Enhanced focus on preventive healthcare
Global Market Segmentation: Identifying Major Compression Bandages Industry Segments
The compression bandages market covered in this report is segmented –
1) By Product: Short Stretch Bandages, Long Stretch Bandages, Multilayer Compression Bandages
2) By Material: Polyester, Latex, Cotton, Other Materials
3) By Application: Wound Management, Deep Vein Thrombosis, Lymphedema, Other Applications
4) By End-User: Hospitals And Ambulatory Surgical Centers, Clinics, Nursing Care Centers And Skilled Nursing Facilities, Home Care, Other End-Users
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What are the Emerging Trends Shaping the Future of the Compression Bandages Market?
The key trends in the compression bandages market are:
• The rising demand for stylish compression stockings is a major emerging trend.
• There is a shift towards sustainable materials in the production process.
• Digital health integration is noticeably shaping the future of the market.
• The market is experiencing an increase in telemedicine and remote consultations.
Who Are the Top Competitors & Leading Players in the Compression Bandages Market?
Major companies in the compression bandages market are:
• Cardinal Health Inc.
• Johnson & Johnson
• 3M Company
• Medtronic Plc
• Essity AB
• Medline Industries Inc.
• B. Braun Melsungen AG
• Smith & Nephew plc
• Coloplast A/S
• Paul Hartmann AG
• ConvaTec Group Plc
• Mölnlycke Health Care AB
• Integra LifeSciences Corporation
• Beiersdorf AG
• Lohmann & Rauscher GmbH & Co. KG
• DJO Global Inc.
• Thuasne Group
• BSN medical GmbH
• Talley Group Limited
• DeRoyal Industries Inc.
• Arjo AB
• Bauerfeind AG
• L&R Group
• medi GmbH & Co. KG
• Oppo Medical Inc.
Regional Dominance: Which Area Leads the Global Compression Bandages Market?
North America was the largest region in the compression bandages market in 2024
